In an increasingly interdependent world, many of the most important issues are driven by economic forces. This series applies newly developed economic techniques to some of the most pressing contemporary problems. The aim of the series is to demonstrate the relevance of modern economic theory to the modern world economy, and to provide key reading for researchers and policy-makers.
Edited
By James R. Melvin, James C. Moore, Raymond G Riezman
November 18, 2016
This book brings together cutting edge contributions in the fields of international economics, micro theory, welfare economics and econometrics, with contributions from Donald R. Davis, Avinash K. Dixit, Tadashi Inoue, Ronald W. Jones, Dale W. Jorgenson, K. Rao Kadiyala, Murray C. Kemp, Kenneth M. ...
Edited
By Kari Liuhto, Sergei Sutyrin, Jean-Marc F. Blanchard
November 08, 2016
Before the recent Ukrainian crisis, Russia was one of the main sources of foreign direct investment (FDI) outflow and one of the main targets of FDI inflow in the world. However, the events in the Ukraine, the formation of the Eurasian Economic Union, and China’s growing interest in the Russian ...
Edited
By Ingo Liefner, Yehua Dennis Wei
November 07, 2016
Although China is now the ‘factory of the world’, there is no reason to expect that it will always be content with manufacturing labor-intensive goods for foreign corporations. Scholars must now ask: What is the current level of innovation in China? And how can we face this challenge and renovate ...
Edited
By Oluf Langhelle
November 07, 2016
In spite of many years of negotiation on trade liberalization, progress seems to have stalled. This book explores why resistance to further market liberalization seems so strong, given that the benefits are seen to outweigh the costs. This volume argues that in order to understand the slow progress...
Edited
By Qaiser Munir, Sook Ching Kok
November 01, 2016
The efficient market hypothesis (EMH) maintains that all relevant information is fully and immediately reflected in stock prices and that investors will obtain an equilibrium rate of return. The EMH has far reaching implications for capital allocation, stock price prediction, and the effectiveness ...
By Eoin O'Leary
August 12, 2016
This book offers a discerning narrative on the spectacular rise and fall of the so-called Celtic Tiger economy. It depicts Ireland as a micro-state with a unique reliance on foreign-assisted businesses, driven in part by a favourable taxation regime. It shows that rent-seeking by trades unions and ...
By Xingyuan Feng, Christer Ljungwall, Sujian Guo
August 08, 2016
The Political Economy of China’s Great Transformation consists of three parts: first, covering the current political transformation, providing a general political background for the socio-economic, fiscal and urban and rural transformation. The book analyses the economic transformation and ...
By Michael Cohen
June 17, 2016
This book examines the causes of the economic and political crisis in Argentina in 2001 and the process of strong economic recovery. It poses the question of how a country which defaulted on its external loans and was widely criticized by international observers could have succeeded in its growth ...
By Kim Heng Tan
June 16, 2016
The role of fiscal policy in short-run macroeconomic stabilization is, by now, well known in the academic literature and in policy circles. However, this focus on the short-run, especially in a democracy, means that much less attention has been paid to the other consequences of the use of fiscal ...
Edited
By Barry Goss
May 31, 2016
This volume presents an entirely new analysis of the economics of futures markets, that will be of interest to both specialists in the area and the generalist economist seeking a new perspective. Through a combination of theoretical investigation and empirical application, three important themes ...
Edited
By Thomas Boje, Bengt Furåker
May 26, 2016
In nearly all OECD countries, the labour market has been in flux in recent decades. This book examines the labour markets and the institutional frameworks that condition their functioning in four different countries: Canada, the United States, Denmark and Sweden. Through a comparative study of ...
Edited
By Ronald Schettkat
May 24, 2016
Well-functioning labour markets are a precondition for economic development. In order to function smoothly the market needs to be able to adjust effectively and quickly to new developments. An understanding and analysis of adjustment processes within labour markets is therefore essential for ...